#PowellRemarks Jerome Powell's Statements (Jerome Powell) Chairman of the Federal Reserve
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**📈 Powell's Statements Move Markets: Key Highlights from His Latest Speech**
"The U.S. economy is strong, but inflation remains above the target."
— Jerome Powell emphasizes the continued focus on reducing inflation while being cautious of economic risks.
Key Points: ☄️
✔️ Interest Rates: No cuts until there is confidence in a decline in inflation towards 2%.
✔️ Labor Market: Slight slowdown but still strong.
✔️ Warnings: Rushing to cut rates could lead to rising inflation again.